The three bank stocks are rebounding from a rout Monday, when they were dragged down by fears about the fallout from SVB's collapse. First Republic plunged to close 62% lower in the session, while PacWest shed 21%, and Western Alliance lost 47%.
"Once we move away from initial shock rather than painting everyone with the same brush, there is a tendency to scrutinize the models a bit more, the banks' deposit bases and access to liquidity," Wells Fargo Investment Institute strategist Gary Schlossberg said, per"There has been no foot-dragging by the government, we could even see more steps down the road to stabilize the system," he added.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: CNBC - 🏆 12. / 72 Lire la suite »